JAT 1.56% 32.5¢ jatcorp limited

Jatcorp (ASX:JAT) granted Chinese approval for first cosmetic product

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    • The Chinese Food and Drug Administration has approved Jatcorp's (JAT) first cosmetic product under the "Poupin" skincare brand
    • JAT's joint venture company, JWR International, is developing this range to be sold in local department and cosmetic stores across China
    • Additionally, Hainan Xinwang Investments has been appointed to distribute JAT's in-house brands in the Hainan Island Tax Free Zone for 12 months
    • Hainan Xinwang operates online and offline duty-free stores, which have the potential to be significant sales drives for Jatcorp's products
    Read the full article on The Market Herald here.
 
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